mrw02536 18 Report post Posted January 24, 2018 I already setup an individual account but they won't allow ach transfers from my bank because it's a joint account with my wife while the tradier account is in my name only. I also have an IB account as backup. What are your views on the trading platform issues? Share this post Link to post Share on other sites
anand331 138 Report post Posted January 24, 2018 5 minutes ago, mrw02536 said: I already setup an individual account but they won't allow ach transfers from my bank because it's a joint account with my wife while the tradier account is in my name only. I also have an IB account as backup. What are your views on the trading platform issues? That's strange because I did ACH setup exactly in same situation although I have not tried to use it yet. I just wired funds because of their stupid 10K per day requirements. The trading platform (Tradier website) is very basic and I haven't used it yet but should be considered as a last resort. I use TradeHawk which is quite easy and has some nice features. I haven't noticed (in a limited time I've been with them) and fill quality issues. The commission savings are significant. Share this post Link to post Share on other sites
krisbee 2,043 Report post Posted January 24, 2018 Just now, anand331 said: That's strange because I did ACH setup exactly in same situation although I have not tried to use it yet. I just wired funds because of their stupid 10K per day requirements. The trading platform (Tradier website) is very basic and I haven't used it yet but should be considered as a last resort. I use TradeHawk which is quite easy and has some nice features. I haven't noticed (in a limited time I've been with them) and fill quality issues. The commission savings are significant. Tradier website is very handy. This is what I do with it now, I create all GTC trades with price way up or way down according to the strategy. From iphone, it's so easy to edit price and place again. It shows portfolio value, can place easy straddles from phone. I did EBAY straddles that way, it's very good to do these things. We get great benefits on commission, so adapting to the system is okay for me. 1 Share this post Link to post Share on other sites
aircal 2 Report post Posted January 24, 2018 ONE having difficulty connecting to Tradier today Share this post Link to post Share on other sites
anand331 138 Report post Posted January 24, 2018 1 minute ago, krisbee said: Tradier website is very handy. This is what I do with it now, I create all GTC trades with price way up or way down according to the strategy. From iphone, it's so easy to edit price and place again. It shows portfolio value, can place easy straddles from phone. I did EBAY straddles that way, it's very good to do these things. We get great benefits on commission, so adapting to the system is okay for me. Don't you have to reconstruct combo orders for closing your positions? I agree that it is doable but definitely not desirable. I don't trade via phone so agree that this simple basic stuff prolly works better on phones. Share this post Link to post Share on other sites
mrw02536 18 Report post Posted January 24, 2018 Does anyone have multiple accounts (IRA and non-IRA)? Wonder if the $40.00 unlimited applies to both or if you have to pay $40.00 for each one?? Share this post Link to post Share on other sites
Sirion 93 Report post Posted January 24, 2018 1 minute ago, mrw02536 said: Does anyone have multiple accounts (IRA and non-IRA)? Wonder if the $40.00 unlimited applies to both or if you have to pay $40.00 for each one?? I was told before it's $40 per account. 1 Share this post Link to post Share on other sites
DrBG 10 Report post Posted January 24, 2018 5 minutes ago, krisbee said: Tradier website is very handy. This is what I do with it now, I create all GTC trades with price way up or way down according to the strategy. From iphone, it's so easy to edit price and place again. It shows portfolio value, can place easy straddles from phone. I did EBAY straddles that way, it's very good to do these things. We get great benefits on commission, so adapting to the system is okay for me. My only issue with this approach is that depending on your position sizing it could eat up all your buying power quickly even for orders that don't end up with a realistic chance of going through. Interactive Brokers lets you place multiple orders for "lucky fills" and if your buying power diminishes to where subsequent orders can't get filled, they are rejected. If there were a way to take advantage of this with Tradier I would want to know. Share this post Link to post Share on other sites
Noah Katz 90 Report post Posted January 24, 2018 2 minutes ago, Sirion said: I was told before it's $40 per account. correct Share this post Link to post Share on other sites
DrBG 10 Report post Posted January 24, 2018 1 minute ago, Sirion said: I was told before it's $40 per account. 3 minutes ago, mrw02536 said: Does anyone have multiple accounts (IRA and non-IRA)? Wonder if the $40.00 unlimited applies to both or if you have to pay $40.00 for each one?? I have a taxable and Roth IRA account. I pay $40 from each, and there is an additional $60 fee that comes out of my taxable account to pay platform fees for TradeHawk for use with both accounts. I do not have infinite equity trades with TradeHawk, just options due to the SO discount (which is fine by me as I prefer IB for stock/equity) Share this post Link to post Share on other sites
anand331 138 Report post Posted January 24, 2018 4 minutes ago, mrw02536 said: Does anyone have multiple accounts (IRA and non-IRA)? Wonder if the $40.00 unlimited applies to both or if you have to pay $40.00 for each one?? It is per account. You could sign up for TradeHawk's unlimited trades plan (I think $199 per month total). That I think covers unlimited trading over all accounts. Please double check from TradeHawk's site since I am recalling these numbers from a few days back. Share this post Link to post Share on other sites
mrw02536 18 Report post Posted January 24, 2018 This firm seem like amateurs. I want to move a Fidelity IRA over. The account as a Fidelity money market as a core account but Tradier says they can't transfer it unless it's cash!! It's a core account and for all practical purposes it is cash. Tradier uses a 3rd party for ACAT transfers and everything has to be done on paper forms. I did a similar transfer to e-trade all online with no problem. Can Tradier be trusted? Are there concerns about their viability for the future. I don't get the feeling that they are on top of things. Share this post Link to post Share on other sites
skydragon 51 Report post Posted January 24, 2018 56 minutes ago, DrBG said: I have a taxable and Roth IRA account.... @DrBG Are you able to trade Spreads in your Roth account with Tradier? How about the typical SO hedged straddle/strangle setup? I'm in the process of opening a Roth account with them, and the online application wouldn't let me choose Level 3 trading (spreads, etc), nor would it let me specify a Margin Acct - it forced me to pick Level 2, Cash Acct. (I am familiar with the special margin restrictions on IRAs but with other brokers I've used I haven't faced this issue.) Share this post Link to post Share on other sites
DrBG 10 Report post Posted January 24, 2018 3 minutes ago, skydragon said: @DrBG Are you able to trade Spreads in your Roth account with Tradier? How about the typical SO hedged straddle/strangle setup? I'm in the process of opening a Roth account with them, and the online application wouldn't let me choose Level 3 trading (spreads, etc), nor would it let me specify a Margin Acct - it forced me to pick Level 2, Cash Acct. (I am familiar with the special margin restrictions on IRAs but with other brokers I've used I haven't faced this issue.) Yes--I recall being confused by the same issue and someone pointed me in the right direction on this forum. Basically just email their customer service. They have a Docusign type form that gives an IRA agreement with Apex Clearing for use of limited margin. This allows level 3 access with Roth IRA accounts. Kinda necessary, otherwise buying power issues will eat you up everywhere. 1 Share this post Link to post Share on other sites
Noah Katz 90 Report post Posted January 26, 2018 Didn't know that, thanks! Share this post Link to post Share on other sites
Stanislav 302 Report post Posted January 26, 2018 @krisbee, thanks! Next time you have partially filled order, try to modify it via web interface, it would be interesting to know whether TradeHawk developers made some modifications to their software, or maybe it's some new fixes on Tradier/APEX part. Share this post Link to post Share on other sites
krisbee 2,043 Report post Posted January 26, 2018 Just now, Stanislav said: @krisbee, thanks! Next time you have partially filled order, try to modify it via web interface, it would be interesting to know whether TradeHawk developers made some modifications to their software, or maybe it's some new fixes on Tradier/APEX part. I think I did it. Once the order is placed, I think we cannot change the contracts numbers. Share this post Link to post Share on other sites
Stanislav 302 Report post Posted January 30, 2018 On 1/11/2018 at 2:24 AM, ChadK said: You see if you are filled, change the limit price, or cancel the order via the Tradier web interface. To roll, adjust the trade, or enter a closing order, I use ONE to send the order to Tradier, but then have to modify the side appropriately, as all of the orders come in as "to open". If you are closing any/all legs, you need to modify the leg(s) in the Tradier web interface after you sent the order to it from ONE. 2All ONE customers: I filed a Feature Request to ONE to calculate automatically "To Open" / "To Close" based on Pos column for all legs when ONE sends an order to Tradier. Please, vote for the feature. Let's make ONE a little bit more Tradier-friendly. P.S. I found TradeHawk eats too much CPU, so did not like it much. Decided to use ONE to trade both IB and Tradier accounts. Tradier: automatically set "Buy to Close", "Sell To Close" for closing legs. Share this post Link to post Share on other sites
Stanislav 302 Report post Posted January 30, 2018 6 minutes ago, Stanislav said: 2All ONE customers: I filed a Feature Request to ONE to calculate automatically "To Open" / "To Close" based on Pos column for all legs when ONE sends an order to Tradier. Please, vote for the feature. Let's make ONE a little bit more Tradier-friendly. P.S. I found TradeHawk eats too much CPU, so did not like it much. Decided to use ONE to trade both IB and Tradier accounts. Tradier: automatically set "Buy to Close", "Sell To Close" for closing legs. UPD: I've just received notification with reply from Tradier support: "This is already available in our latest beta release. Please contact our support department for download instructions. Thank you.". Cool! Share this post Link to post Share on other sites
mustafaoe 10 Report post Posted January 30, 2018 I have just got an account setup at Tradier and would like to test TradeHawk. I saw somewhere in the thread that SteadyOptions members can subscribe for $ 49 but on their website it is $ 59. Anyone knows what to subscribe in order get the lower fees? Share this post Link to post Share on other sites
Stanislav 302 Report post Posted January 31, 2018 @mustafaoe, yes current TradeHawk Pro subscription costs $59. As far as I know initial $49 price is no longer available - that was an unofficial price some people got before TradeHawk put official TradeHawk Pro offering on Tradier web site. Share this post Link to post Share on other sites
mustafaoe 10 Report post Posted January 31, 2018 4 hours ago, Stanislav said: @mustafaoe, yes current TradeHawk Pro subscription costs $59. As far as I know initial $49 price is no longer available - that was an unofficial price some people got before TradeHawk put official TradeHawk Pro offering on Tradier web site. Thanks for the update. Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 8, 2018 Yes, great point. I think the rely on caller Id, it the issue should be raised with them Share this post Link to post Share on other sites
Djtux 554 Report post Posted February 8, 2018 1 minute ago, mrw02536 said: Yes, great point. I think the rely on caller Id, it the issue should be raised with them That's not safe as it can be spoofed. Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 8, 2018 I just spoke with them and raised the issue. They don't seem too concerned. Maybe more calls would help Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 9, 2018 The Tradier platform cannot provide a profit/loss statement. They are working on it. Has anyone found a work around? Share this post Link to post Share on other sites
krisbee 2,043 Report post Posted February 9, 2018 Just now, mrw02536 said: The Tradier platform cannot provide a profit/loss statement. They are working on it. Has anyone found a work around? i think @SBatch mentioned earlier about APEX clearing house. Please read previous posts about it. I don't remember exactly Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 9, 2018 Perhaps @sBatch can reply. I called apex and the told me all requests must come from Tradier. Kind of a dead end, I think . Share this post Link to post Share on other sites
Djtux 554 Report post Posted February 9, 2018 2 minutes ago, mrw02536 said: Perhaps @sBatch can reply. I called apex and the told me all requests must come from Tradier. Kind of a dead end, I think . Try to use the search function of the forum. There is some posts like https://steadyoptions.com/forums/forum/topic/3318-tradier-brokerage-special-offer/?do=findComment&comment=90571 or this : https://steadyoptions.com/forums/forum/topic/3318-tradier-brokerage-special-offer/?do=findComment&comment=82745 Share this post Link to post Share on other sites
mustafaoe 10 Report post Posted February 23, 2018 Does anyone using the HVOL charts and matrix in tradehawk? I was looking for a estimation of the current ivol vs historical but I am not sure if those tools really helpful Share this post Link to post Share on other sites
Sonu 4 Report post Posted February 25, 2018 Is there any good mobile platform that works with Tradier ? I can't access desktop during office hours. Does Tradier offer good mobile platform? Share this post Link to post Share on other sites
clems 27 Report post Posted February 25, 2018 11 hours ago, Sonu said: Is there any good mobile platform that works with Tradier ? I can't access desktop during office hours. Does Tradier offer good mobile platform? Unfortunately I have not found one. If I come across anything, I'll let you know. I know a couple of the platforms were looking to develop that way, just don't know how far along that is. Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 25, 2018 I use their web based platform Share this post Link to post Share on other sites
Sonu 4 Report post Posted February 25, 2018 Are they providing feature to import transactions to turbo tax ? Last year I paid around 2000$ brokerage. So it looks deal. Share this post Link to post Share on other sites
PGAmbrosio 53 Report post Posted February 27, 2018 Can anyone comment on the cons of Tradier? It seems like a no-brainer given their commission structure versus the competition. At the moment I am with Tastyworks. As far as platform needs, I pretty much would like a web and mobile interface for managing orders when I am away from my PC. I don't currently use any option analysis platforms but many have stressed the necessity of using one (Tradehawk, ONE, etc) especially when dealing with trade adjustments. Share this post Link to post Share on other sites
clems 27 Report post Posted February 27, 2018 The biggest con for me is the lack of a good mobile platform. You can make trades through their web interface, but building spreads is a headache and very easy to mess up. As long as you have access to one of the desktop platforms (Tradehawk and Trend are the ones I used, both great), I've been VERY happy with Tradier. 1 Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 27, 2018 no question about commission savings but their web based platform is very basic I use it on my phone and laptop. my biggest problem is that there is no simple way to track daily profit and loss They are working on it but making slow progress 1 Share this post Link to post Share on other sites
anand331 138 Report post Posted February 27, 2018 6 minutes ago, PGAmbrosio said: Can anyone comment on the cons of Tradier? It seems like a no-brainer given their commission structure versus the competition. At the moment I am with Tastyworks. As far as platform needs, I pretty much would like a web and mobile interface for managing orders when I am away from my PC. I don't currently use any option analysis platforms but many have stressed the necessity of using one (Tradehawk, ONE, etc) especially when dealing with trade adjustments. Hi @PGAmbrosio, I have been using Tradier with TradeHawk for almost a month and am quite happy with it. For many SO trades, especially calendars and low priced straddles/strangles, the commission advantage is unbeatable. Just a few things: Tradier does not have a mobile platform at this point. Also they don't support calendars (spreads with same expiration are okay) on cash settled products (SPX, VIX, RUT etc.). So I maintain my IB account and do such trades there. So far, I have not seen any fills/liquidity issues. We've had a few glitches with the platform but I have seen those with all other platforms I have used as well. Good luck!! 1 Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 27, 2018 I have had no problem filling anybofvthe so trades on tradier's web platform including calendars Share this post Link to post Share on other sites
PGAmbrosio 53 Report post Posted February 27, 2018 @mrw02536 are you trading with Tradier solely through their web platform? Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 27, 2018 yes but very frustrated with no profit and loss info Share this post Link to post Share on other sites
mccoyb53 818 Report post Posted February 27, 2018 Does anyone know how financially stable Tradier is vs IB?? Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 27, 2018 there is a previous answer to this discussing the role of Apex clearing Share this post Link to post Share on other sites
clems 27 Report post Posted February 27, 2018 21 minutes ago, mrw02536 said: yes but very frustrated with no profit and loss info Pay 20$ a month for Trend? Share this post Link to post Share on other sites
mrw02536 18 Report post Posted February 27, 2018 what is trend Share this post Link to post Share on other sites
clems 27 Report post Posted February 27, 2018 https://www.dynamictrend.com/ There's a Tradier specific version available for 20$ a month. Doesn't have all of the features, but it's great. Contact Tradier support to get signed up. Share this post Link to post Share on other sites
Sonu 4 Report post Posted February 27, 2018 I had worst experience with Tastyworks for fills for PANW. Looks issue is more visible in case of pre earning calendar. From fill perspective only do you see IB or Tradier better ? I always thought fill is not factor to consider as in open market everyone use same kind of underlying technology/counter party. Share this post Link to post Share on other sites
mccoyb53 818 Report post Posted February 28, 2018 3 hours ago, mrw02536 said: there is a previous answer to this discussing the role of Apex clearing Thanks. I went back through the posts and found this. There seems to be some confusion in this thread regarding how brokers earn part of their revenue. In addition to commissions all brokers/market makers/clearing firms also receive rebates from the exchanges for order flow. This is Tradier’s model. They have extremely limited overhead as they do not provide their own platform (and therefore eliminate all the costs associated with developing and maintaining one). They are a small shop with low expenses so the order flow rebate is enough to make them profitable. The lack of platform is solved by their API and outside developers. This is the reason Tradier is not available in Canada for @Kim and others, because Canadian regulators do not allow rebate for order flow. With regard to safety of assets, Tradier holds nothing. They are simply an Introducing Broker to Apex who is the custodian. Therefore, in addition to SIPC protection one should look at the stability of Apex which is very solid. Edited February 16 by SBatch Share this post Link to post Share on other sites
Sonu 4 Report post Posted February 28, 2018 I am not sure whether we have thread for IB. But if we compare IB vs TastyWorks vs Tradier. Which provides best fill around mid price ? Most of our trades revolves around weekly options & moderately liquid underlying where efficient filling is very very important. Earlier I used to trade highly liquid underlying so never felt it is very important but now for pre earning trades it is must that we need broker who fights for fair fill. Anyone has experience to provide feedback around fills regarding those 3 brokers? Share this post Link to post Share on other sites
Djtux 554 Report post Posted February 28, 2018 (edited) 1 hour ago, Sonu said: I am not sure whether we have thread for IB. But if we compare IB vs TastyWorks vs Tradier. Which provides best fill around mid price ? Most of our trades revolves around weekly options & moderately liquid underlying where efficient filling is very very important. Earlier I used to trade highly liquid underlying so never felt it is very important but now for pre earning trades it is must that we need broker who fights for fair fill. Anyone has experience to provide feedback around fills regarding those 3 brokers? Here is my opinion, please don't get offended, as i see you joined SO recently. I think you are trying to blame your broker for what happened on the PANW calendar exit. Yes the broker might have an impact, but i think it's only second order effect. First would be to spend time to study the strategies, use proper size allocation, get good entry by using RV charts and previous SO threads to enter trades before the alerts. Also before you enter a trade, have an idea on your plan : what to do if the trade doesn't go your way, etc. No broker fill is going to save you from your own mistake like a position that is too large, bad entry price, position adjustment when the trade doesn't go your way. As long as you don't pay a ticket fee, and the commissions are not too expensive, i think you should focus your time on 1st order effect. Just my 2 cent. PS: i got losses on PANW as well and i was on IB. Edited February 28, 2018 by Djtux Share this post Link to post Share on other sites
